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IF Bancorp, Inc. Announces Cash Dividend

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IF Bancorp, Inc. (NASDAQ: IROQ), the holding company for Iroquois Federal Savings and Loan Association, has announced a cash dividend of $0.20 per common share. The dividend will be paid on October 18, 2024, to stockholders of record as of the close of business on September 27, 2024. Walter H. Hasselbring, III, President and CEO, expressed the company's commitment to enhancing stockholder value through semiannual dividend payments, subject to financial conditions. Iroquois Federal operates from seven full-service banking offices in Illinois and a loan production office in Missouri, offering a range of retail and commercial lending and deposit services.

IF Bancorp, Inc. (NASDAQ: IROQ), la holding company per l'Iroquois Federal Savings and Loan Association, ha annunciato un dividendo in contante di $0.20 per azione ordinaria. Il dividendo sarà pagato il 18 ottobre 2024, agli azionisti registrati alla chiusura delle attività del 27 settembre 2024. Walter H. Hasselbring, III, Presidente e CEO, ha espresso l'impegno dell'azienda a migliorare il valore per gli azionisti attraverso pagamenti di dividendi semestrali, soggetti alle condizioni finanziarie. Iroquois Federal opera da sette uffici bancari a servizio completo in Illinois e da un ufficio di produzione prestiti nel Missouri, offrendo una gamma di servizi di prestito e deposito al dettaglio e commerciali.

IF Bancorp, Inc. (NASDAQ: IROQ), la empresa holding de la Asociación de Ahorros y Préstamos Iroquois Federal, ha anunciado un dividendo en efectivo de $0.20 por acción ordinaria. El dividendo se pagará el 18 de octubre de 2024, a los accionistas registrados al cierre de operaciones del 27 de septiembre de 2024. Walter H. Hasselbring, III, Presidente y CEO, expresó el compromiso de la compañía de aumentar el valor para los accionistas a través de pagos de dividendos semestrales, sujetos a condiciones financieras. Iroquois Federal opera desde siete oficinas bancarias de servicio completo en Illinois y una oficina de producción de préstamos en Missouri, ofreciendo una variedad de servicios de préstamo y depósito minorista y comercial.

IF Bancorp, Inc. (NASDAQ: IROQ), Iroquois Federal Savings and Loan Association의 지주 회사,는 보통주당 $0.20의 현금 배당금을 발표했습니다. 이 배당금은 2024년 10월 18일에 지급될 예정이며, 2024년 9월 27일 영업 종료 시점의 주주에게 지급됩니다. 회사의 회장 겸 CEO인 Walter H. Hasselbring, III는 재정 여건에 따라 반기별 배당금을 통해 주주 가치를 높이겠다는 회사의 의지를 표명했습니다. Iroquois Federal은 일리노이주 내 7개의 종합 은행 사무소와 미주리주의 대출 생산 사무소에서 운영되며, 다양한 소매 및 상업 대출 및 예치 서비스를 제공합니다.

IF Bancorp, Inc. (NASDAQ: IROQ), la société mère de l'Iroquois Federal Savings and Loan Association, a annoncé un dividende en espèces de 0,20 $ par action ordinaire. Le dividende sera versé le 18 octobre 2024, aux actionnaires enregistrés à la clôture des opérations le 27 septembre 2024. Walter H. Hasselbring, III, Président et CEO, a exprimé l'engagement de l'entreprise à accroître la valeur pour les actionnaires par le biais de paiements de dividendes semestriels, sous réserve de conditions financières. Iroquois Federal opère à partir de sept agences bancaires à service complet dans l'Illinois et d'un bureau de production de prêts dans le Missouri, offrant une gamme de services de prêts et de dépôts au détail et commerciaux.

IF Bancorp, Inc. (NASDAQ: IROQ), die Holdinggesellschaft der Iroquois Federal Savings and Loan Association, hat eine Barausschüttung von 0,20 $ pro Stammaktie angekündigt. Die Ausschüttung wird am 18. Oktober 2024 an die Aktionäre ausgezahlt, die zum Ende des Geschäftstages am 27. September 2024 im Aktienregister stehen. Walter H. Hasselbring, III, Präsident und CEO, betonte das Engagement des Unternehmens, den Wert für die Aktionäre durch halbjährliche Ausschüttungen zu steigern, abhängig von den finanziellen Rahmenbedingungen. Iroquois Federal betreibt sieben vollumfängliche Bankfilialen in Illinois sowie ein Darlehensproduktionsbüro in Missouri, das eine Vielzahl von Einzel- und Geschäftskredit- sowie Einlagenservices bietet.

Positive
  • Declaration of a $0.20 per share cash dividend
  • Commitment to semiannual dividend payments
  • Broad array of retail and commercial lending and deposit services offered
Negative
  • None.

WATSEKA, Ill.--(BUSINESS WIRE)-- IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on October 18, 2024, to stockholders of record as of the close of business on September 27, 2024.

“We are pleased to continue paying a cash dividend to our stockholders,” said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company. “The payment of dividends represents our long-term commitment to enhancing stockholder value and we intend to continue paying a semiannual dividend in the future, assuming that our financial position and other conditions continue to allow such payment.”

Iroquois Federal Savings and Loan Association is a community-oriented financial institution that conducts its operations from its seven full-service banking offices located in the municipalities of Watseka, Danville, Clifton, Hoopeston, Savoy, Bourbonnais and Champaign, Illinois and its loan production office in Osage Beach, Missouri. Iroquois Federal Savings and Loan Association offers a broad array of retail and commercial lending and deposit services.

This press release may contain statements relating to the future results of the Company (including certain projections and business trends) that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). Such forward-looking statements may be identified by the use of such words as "believe," "expect," "anticipate," "should," "planned," "estimated," "intend" and "potential." For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the PSLRA. The Company cautions you that a number of important factors could cause actual results to differ materially from those currently anticipated in any forward-looking statement. Such factors include, but are not limited to: prevailing economic and geopolitical conditions, including as a result of the COVID-19 pandemic; changes in interest rates, loan demand, real estate values and competition; changes in accounting principles, policies, and guidelines; changes in any applicable law, rule, regulation or practice with respect to tax or legal issues; the effects of government actions taken as a result of the COVID-19 pandemic; and other economic, competitive, governmental, regulatory and technological factors affecting the Company's operations, pricing, products and services and other factors that may be described in the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission. The forward-looking statements are made as of the date of this release, and, except as may be required by applicable law or regulation, the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Walter H. Hasselbring, III

Telephone: (815) 432-2476

Source: IF Bancorp, Inc.

FAQ

When will IF Bancorp (IROQ) pay its next dividend?

IF Bancorp (IROQ) will pay its next dividend of $0.20 per share on October 18, 2024.

What is the record date for IF Bancorp's (IROQ) upcoming dividend?

The record date for IF Bancorp's (IROQ) upcoming dividend is September 27, 2024.

How often does IF Bancorp (IROQ) pay dividends?

IF Bancorp (IROQ) intends to continue paying dividends on a semiannual basis, subject to financial conditions.

Where does Iroquois Federal Savings and Loan Association operate?

Iroquois Federal operates from seven full-service banking offices in Illinois and a loan production office in Osage Beach, Missouri.

IF Bancorp, Inc.

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Banks - Regional
Savings Institution, Federally Chartered
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United States of America
WATSEKA